Time to be careful or run for the hills

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Well-Known Member

The chart on the DOW is looking more and more like a top. If I were in the market, which I am not having gotten out a few months ago, I would be very inclined to pull out of the market, hunker down and wait to see what happens in the next few months. The downward objective is 16250 on the DOW.

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Well-Known Member

The ebola crisis is causing airlines to shake in the boots. Can you imagine how much world-wide travel restrictions would hurt airlines, that jet fuel, then service workers, vacation travel, and economies all over the world?

I believe the DOW is reacting to ebola in the only way it knows how: Selling and running in order to protect their investments before the boom drops!

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Administrator

Administrator

I wish we had money to buy as it drops but for now, we will continue to do what we've always done: just sit on our stocks. We have some oldies that were given to us by my FIL and they are worth a decent amount. That's our retirement funds.

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Active Member

I wish we had money to buy as it drops but for now, we will continue to do what we've always done: just sit on our stocks. We have some oldies that were given to us by my FIL and they are worth a decent amount. That's our retirement funds.

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Warren B. Would be on a buying spree. But, then, that's what HE says in his books. How do we know what he'd really be doing.

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Active Member

To trust in stock markets is to trust in uncertain riches--kind of like playing a slot machine. In the end, the house(Satan) wins. The roaring twenties is a good example--it all fell out in '29. Talk to someone who went through the Great Depression--some still survive, in nursing homes.

Buy stock in New Testament Churches and Bibles--the dividends will last through eternity. "Where your treasure is, there will your heart be also."

A world-wide stock market bust is one of the signs of the end of time. See Rev. 18.

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20,000 Posts Club

Moderator

To trust in stock markets is to trust in uncertain riches--kind of like playing a slot machine. In the end, the house(Satan) wins. The roaring twenties is a good example--it all fell out in '29. Talk to someone who went through the Great Depression--some still survive, in nursing homes.

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Well-Known Member

To trust in stock markets is to trust in uncertain riches--kind of like playing a slot machine. In the end, the house(Satan) wins. The roaring twenties is a good example--it all fell out in '29. Talk to someone who went through the Great Depression--some still survive, in nursing homes.

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Only a very foolish person would trust in the stock market. However, a person can make a profit if they will work, read, research, study and buy and sell selectively. The market is like working at a job ... yea, it is a job if you want to make a profit. Successful work comes to those who WORK ... and rule #1 is never buy simply because your broker tells you to buy!

Buy stock in New Testament Churches and Bibles--the dividends will last through eternity. "Where your treasure is, there will your heart be also."

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Tithe your profits to your church.

A world-wide stock market bust is one of the signs of the end of time. See Rev. 18.

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